11:20

This Profitable Business Model Might Make You A Billionaire | My First Million Podcast

Name: This Profitable Business Model Might Make You A Billionaire | My First Million Podcast
Uploaded: 2020-07-05T21:32:22.986Z
Duration: 11 min 20 s
Description: Richard Barton built Expedia, Zillow, and Glassdoor on a single thesis: "information wants to be free" – bringing transparency to opaque industries by making hidden data public. The speakers argue this formula remains fertile today (e.g., enterprise software pricing, freelancer rates, company software stacks).

From My First Million · Published Jul 5, 2020 · Watch on YouTube

TL;DR

Richard Barton built Expedia, Zillow, and Glassdoor on a single thesis: "information wants to be free" – bringing transparency to opaque industries by making hidden data public. The speakers argue this formula remains fertile today (e.g., enterprise software pricing, freelancer rates, company software stacks).

Key insights

Barton’s three billion‑dollar companies all stem from one premise: “information wants to be free” – democratizing data that was previously gatekept (MLS listings, flight pricing, employer reviews).
The core question to replicate his success is not how to build a company but which industry today lacks transparency that can be opened up.
Enterprise software pricing is opaque (vendors price based on your revenue, not a published list); “call for pricing” is a hated model.

Want the full analysis - every claim cited to the second it was said?

This page only shows a teaser. Sign up to chat with the complete, cited breakdown of "This Profitable Business Model Might Make You A Billionaire | My First Million Podcast".

Chat with this video